art world los angeles report 2749426

Frieze Los Angeles 2026 opened amid concerns over the city's cooling art market, following a wave of gallery closures and a shift toward nomadic dealer models. Despite the economic downturn and the lingering shadow of previous regional fires, the fair week saw a resurgence of energy with 32,000 attendees and significant blue-chip sales, including a $3.75 million Ed Ruscha at Gagosian and a $2.8 million Njideka Akunyili Crosby at David Zwirner. The week was characterized by a mix of high-end commerce at the Santa Monica Airport and grassroots vitality at satellite events like Felix and the newly launched Post-Fair.

Louise Nevelson Sculpture at Long Island Synagogue for Sale

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Temple Beth El, a synagogue in Great Neck, New York, has announced the sale of a monumental 55-foot-long Louise Nevelson sculpture titled "The White Flame of the Six Million." Commissioned in the 1960s as a Holocaust memorial and functional Torah ark, the white-painted wood installation has served as the centerpiece of the congregation's sanctuary for over 50 years. Due to dwindling membership and a decision to sell the synagogue property, the congregation is seeking a new home for the massive work.

yasmina reza art play putting a higher price on it 1234751691

The article examines the revival of Yasmina Reza's play "Art" on Broadway, which centers on three men arguing over a seemingly blank canvas purchased for a high price. The new production updates the painting's cost from 200,000 francs (about $60,000) to $300,000, reflecting today's inflated art market. The play's themes of aesthetics versus market value resonate with current debates about speculative hype and irrational pricing in contemporary art.

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Mathieu Borysevicz, founder of Shanghai's Bank gallery, launched a six-month pop-up on New York's Lower East Side earlier this year, aiming to introduce his program to new audiences amid growing Asian art interest in the city. By mid-summer, however, Borysevicz observed a sharp market downturn as collectors withdrew, reflecting a broader trend of gallery closures, lawsuits, and fair cancellations that have marked a turbulent period for the art world.

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Artist Dan Colen and his nonprofit Sky High Farm are launching a new biennial exhibition titled “TREES NEVER END AND HOUSES NEVER END,” opening June 28 at a historic apple cold storage warehouse in Germantown, New York. The exhibition, curated by Colen, features over 50 artists including Alvaro Barrington, Nan Goldin, Roni Horn, and Rirkrit Tiravanija, and marks the farm’s relocation from its original 40-acre site in Ancramdale to a new 560-acre property in Ancram. The biennial serves as an alternative fundraising model for the organization, which grows nutritious food for communities lacking access to fresh produce and has never sold its harvest.

paint drippings art industry news jan 9 2736112

This week's art industry roundup covers a postponement, financial losses, legal disputes, and leadership changes. New Jersey's Art Fair 14C has been postponed to May 2027, with organizers citing capacity issues unrelated to market conditions. Bonhams reported a 90% pre-tax loss jump to £213 million in 2024 due to impairment charges. A rediscovered Watteau drawing will be auctioned at Christie's Paris, and personal items of Jimmy and Rosalynn Carter are featured in Christie's 'American Collector' sales. In galleries, Amy Sillman left Gladstone for David Zwirner, Trevor Paglen joined Jessica Silverman, and Maya Hewitt joined Theta. The Louvre partially closed after a staff strike demanding director Laurence des Cars' resignation and reassessment of a renovation plan. Belgium's plan to dismantle Antwerp's M HKA museum has sparked resignations and backlash. New appointments include Will Cary as COO of the Barnes Foundation and Patton Hindle as director of arts at the Knight Foundation. MATHAF museum in Doha announced a campus expansion by architect Lina Ghotmeh. Legal disputes emerged between Gian Enzo Sperone and Angela Westwater over the shuttered Sperone Westwater gallery.

What’s the True State of Bangkok’s Art Ecosystem?

The article examines the current state of Bangkok's art scene, which is experiencing a surge of private investment and international attention. New institutions like UNITED Unlimited and Misiem's/bangkok are opening, and events like the Bangkok Art Biennale are gaining prominence, leading some international media to compare the city's potential to art hubs like Miami.

U.S. Crowdfunds Its Venice Biennale Pavilion

The United States is crowdfunding its pavilion at the 61st Venice Biennale, which opens in ten days, due to the absence of major sponsors like the Ford Foundation and the Mellon Foundation. The pavilion, featuring sculptures by Alma Allen, is being organized by the American Arts Conservancy (AAC), which is soliciting donations through a campaign that has been live since at least November. The U.S. government contributes $375,000, but the installation costs significantly exceed that amount. Donors include Nevada-based Republican donors Jim and Aimee Battista, talent manager Tom Ierna, and actor Alex Pita. The AAC has not disclosed the campaign's fundraising goal, amount raised, or end date.

'It’s like the natural world. Nothing lasts forever': Tadashi Kawamata on creating his temporary sculptures

Japanese artist Tadashi Kawamata created a temporary wooden vortex sculpture titled "Tornado" inside the Palais de Tokyo in Paris, made from 5,000 individual pieces of wood and installed on the grand staircase for just two weeks in February. The work was commissioned by Ruinart as part of its "Conversations with Nature" series, which presents a piece in Paris before permanently installing it at the champagne house's headquarters in Reims. Kawamata, who has lived in Paris for 18 years, is known for using found materials and creating site-specific, temporary interventions on or inside architecture, emphasizing spontaneity and impermanence.

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Machteld Rullens, a Dutch artist based in The Hague, is presenting her second solo exhibition with Page (NYC) titled “Beacon Road,” jointly staged at Andrew Kreps Gallery in New York. The show features works created during a residency at the Josef and Anni Albers Foundation in Connecticut, using discarded cardboard boxes that Rullens collects from recycling bins and other sources. Her sculptures, which initially appear ceramic or metallic, are actually intricate assemblages of cardboard, exploring form, commodity, and waste. The exhibition marks a departure from her earlier work, with crushed and folded forms and exposed bolts conveying a sense of restrained energy.

How Josh Kline Wrote the Essay That the Art World Can’t Stop Talking About

Artist Josh Kline has sparked intense debate across the New York art world with his viral essay, "New York Real Estate and the Ruin of American Art," published in the journal October. The text serves as a scathing critique of the current state of the American art industry, diagnosing it as "sick" due to skyrocketing real estate costs, systemic power imbalances, and a market that has become an unsustainable "conveyor belt" of commercial painting. Kline argues that the economic pressures of post-pandemic New York have made the city a hostile environment for experimental and conceptual practices.

the stakes are high for emerging galleries at frieze some are selling others arent as lucky 1234757562

At Frieze London, emerging galleries in the Focus section face high financial pressure, with booth costs reaching £6,750 ($9,000). While some dealers reported strong sales—such as London's Ginny on Frederick, which sold out both works by Alex Margo Arden, and Brunette Coleman, which also sold out—others were reluctant to disclose results. Several unnamed dealers admitted to selling nothing or only a single work, highlighting a stark divide between success and struggle among smaller exhibitors.

For Fashion Iconoclast Iris van Herpen, ‘Nature Is the Best Artist’

The Brooklyn Museum has opened "Iris van Herpen: Sculpting the Senses," a major exhibition surveying two decades of the Dutch designer's avant-garde fashion. Curated by Matthew Yokobosky and Imani Williford, the show features over 140 of van Herpen's biomorphic couture pieces, including designs worn by Lady Gaga and Björk, alongside works by contemporary artists like Agostino Arrivabene and Tara Donovan. The exhibition, which originated at the Musée des Arts Décoratifs in Paris in 2023, highlights van Herpen's use of cutting-edge technology such as 3D printing and magnetic sculpting, as well as her deep inspiration from natural phenomena like fossils, coral, and water.

hepworth wakefields director simon wallis to become royal academys new secretary and chief executive in september 1234744637

Simon Wallis, director of the Hepworth Wakefield, has been appointed as the new secretary and chief executive of London’s Royal Academy of Arts (RA), starting in September. He replaces Axel Rüger, who left in October to lead the Frick Collection in New York. Wallis brings extensive experience from previous roles at Chisenhale Gallery, the ICA, Tate Liverpool, and Kettle’s Yard. His appointment comes as the RA undergoes restructuring, having cut 15% of its workforce in April to ensure future sustainability.

parties knight foundation pamm nada art basel miami beach

A group of cultural leaders including Kristina Newman-Scott, Heather Hubbs, Franklin Sirmans, Maribel Pérez-Wadsworth, and Sarah Harrelson hosted a launch party at Tropezón Miami for ECOLOGIES, a four-day series of public programming presented by NADA, the Knight Foundation, Pérez Art Museum, and CULTURED. The event featured tapas and tequilas, with guests including philanthropists Jorge and Darlene Pérez, artist Anastasia Samoylova, and NADA Director Heather Hubbs, among many others. Attendees received a copy of 'The Deep State: Art, Culture & Florida' as a parting gift.

art dealer provocative solution poaching problem 2655240

Art dealer Wendi Norris of San Francisco has introduced buyout clauses in contracts with her artists, borrowing a strategy from professional sports. If an artist leaves for a mega-gallery like Gagosian, Hauser & Wirth, Pace, or David Zwirner, Norris receives financial compensation—such as the right to purchase works at her original prices for potential resale. This practice aims to address the widespread problem of poaching, where larger galleries lure rising artists away from the smaller dealers who nurtured their careers, often causing financial and emotional strain.

from the studio to the auction block morgan stanley 2202991

This article from Artnet News Pro analyzes how early auction market interest impacts the long-term prospects of contemporary artists, using data from Sotheby's, Christie's, and Phillips. It focuses on two categories: "Ultra-Contemporary" art (artists born 1975–present) and "Postwar and Contemporary" art (artists born 1900–1974). The study examines macro trends over the past 20 years and presents five case studies of living artists whose auction sales peaked at different points. Key findings show that from 2013 to 2021, sales of Ultra-Contemporary art grew by over 700%, from $91.4 million to $739.3 million, while sales for the older cohort peaked in 2014 at $6.95 billion, a modest 16% increase. The number of Ultra-Contemporary lots sold also surged by 250%.

The Box LA, Beloved Risk-Taking Art Space, Closes After 19 Years

The Box LA, a pioneering experimental art space in Los Angeles known for its fearless support of unconventional and performance art, is closing after 19 years. Founded in 2007 by Mara McCarthy in Chinatown (later moving to the Arts District), the gallery operated as a commercial space but with a nonprofit ethos, championing underrecognized artists from her father Paul McCarthy's generation alongside emerging talents. Its final exhibition, a retrospective of Wally Hedrick presented with Parker Gallery, ended April 4, with a closing celebration planned for June 6 featuring a fashion show by Johanna Went. The closure is attributed to financial struggles, exacerbated by the Eaton Fire that destroyed McCarthy's home and her family's, and a shift in support from McCarthy Studios.

From Agnès Varda to Giuseppe Penone, the strange passion of artists for potatoes deciphered in Aubenas

D’Agnès Varda à Giuseppe Penone, l’étrange passion des artistes pour les patates décryptée à Aubenas

The article explores the exhibition "Des patates" at Le Château – Centre d'Art Contemporain et du Patrimoine in Aubenas, France, which celebrates the humble potato as an artistic subject. It highlights how filmmaker and visual artist Agnès Varda turned potatoes into art with her 2003 Venice Biennale project "Patatutopia," dressing as a potato and scattering 700 kilos of tubers, inspired by her documentary *Les Glaneurs et la glaneuse*. The show also features works by Giuseppe Penone, Michel Blazy, Valérie Geissbühler Pacheco, and Lucas Chanoine, all using potatoes to explore themes of consumption, waste, colonialism, and the cycle of life.

as costs rise dealers in asia take a pragmatic approach to fair participation 2641645

The article reports that two major Asian art fairs, Taipei Dangdai Art and Ideas and Art Busan, are currently running through May 11, but both have seen significant drops in exhibitor numbers. Taipei Dangdai is down 32% to 53 galleries, while Art Busan is off 16% to 109 galleries. Dealers cite rising costs, geopolitical uncertainties, and fair fatigue as reasons for a more selective, pragmatic approach to participation, focusing on regional fairs and transactional value over visibility.

Esther fair goes out on top

The Esther art fair, a satellite of Frieze New York, opened its third and final iteration at Estonian House on East 34th Street. Founded by Estonian gallerists Olga Temnikova and Margot Samel, the fair eschews conventional stands, instead arranging 22 participating galleries and three bespoke projects throughout the historic Beaux-Arts building’s basement, salons, and upper floors. Highlights include sold-out presentations at Adams and Ollman and Management, works by Katja Novitskova, Jill Goldstein, and Elīna Vītola, and a special project by Darja Popolitova and Madlen Hirtentreu turning beauty-industry equipment into installations. Gallerists praised the cooperative atmosphere, contrasting it with larger, more institutionalized fairs.

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The article reports on several moves in the art world: the Frankenthaler Climate Initiative opens its sixth grant cycle with over $17.5 million awarded to date for clean energy in visual arts. Gallery news includes P·P·O·W now representing Phoebe Helander, Séverin Guelpa joining Fabienne Levy Gallery, Catinca Tabacaru taking on Andrei Nițu, and Roland Augustine stepping down from Luhring Augustine. Bonhams saw a 9% revenue decline in 2024, part of broader auction house drops, and was sold to Pemberton Asset Management. The piece also highlights an interview with Met director Max Hollein on the museum's global identity.

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The article examines the meteoric rise and current cooling of the market for Labubu, the Nordic fanged monster character created by artist Kasing Lung. After a decade of slow development, Labubu exploded in popularity through Chinese toy blind-box manufacturer Pop Mart, leading to record auction sales in 2025. Yongle Auction in Beijing organized the world's first themed Labubu sale, where a mint-green sculpture sold for RMB 1.242 million and a painting, 'Pure' (2021), fetched RMB 1.61 million, setting successive records. The frenzy attracted a diverse range of buyers, from streetwear collectors to traditional ceramics enthusiasts, many of whom share their purchases on social media platforms like Douyin.

‘The challenge will be to sustain it’: was the autumn art market boom more than just a blip?

The autumn art market saw a significant upturn, with strong sales at Frieze London, Art Basel Paris, and New York auctions, including a $236.4 million Klimt and a $2.2 billion auction week in New York—up 77% year-on-year. Emerging London galleries like Ginny on Frederick, Rose Easton, and A. Squire have reinvigorated Frieze London, while Paris benefits from luxury-house funding, with the Fondation Cartier and Fondation Louis Vuitton hosting major shows. However, concerns persist about sustainability, as geopolitical volatility and post-Brexit challenges continue to affect the market.

‘There is always something else to discover’: Glenn Brown on the art he collects and why

Artist Glenn Brown discusses his personal art collection in an interview with The Art Newspaper, revealing his first purchase was a 1964 David Hockney drawing of Renée McDougal and his most recent acquisition was a group of Ann Churchill's Daily Drawings from 1974. Brown, who opened The Brown Collection in Marylebone three years ago, is extending its hours during Frieze Week for the exhibition 'Hoi Polloi,' which examines depictions of ordinary people from the 16th century onward. He also has an installation at Gagosian's Frieze Masters booth and a concurrent show at the Freud Museum.

Un’isoletta tutta dedicata all’arte nel mezzo della Laguna di Venezia. Va avanti il progetto della Fondazione Sandretto Re Rebaudengo sull’Isola di San Giacomo

The Fondazione Sandretto Re Rebaudengo has opened a new art space on the island of San Giacomo in the northern Venetian lagoon, acquired in 2018 by Patrizia Sandretto Re Rebaudengo and Agostino Re Rebaudengo. The island, previously abandoned, has been transformed into a laboratory for art and sustainability, with a gradual opening plan that initially aligns with the Venice Biennale. The inaugural program launched on May 7, 2026, includes a solo exhibition by Matt Copson curated by Hans Ulrich Obrist, a group show titled 'Don’t have hope, be hope!', and a photographic documentation of the restoration process by Giovanna Silva and Antonio Fortugno.

Refik Anadol’s Dataland Museum Sets an Opening Date

Refik Anadol's Dataland, billed as the world's first A.I. art museum, will open on June 20 in Los Angeles after more than two and a half years of planning. Founded by Anadol and his partner Efsun Erkiliç, the museum is housed inside the Frank Gehry-designed Grand L.A. complex and features five galleries. Its debut exhibition, "Machine Dreams: Rainforest," uses ecological data processed through Anadol's Large Nature Model to create digital sculptures simulating possible rainforests. The museum, designed by Gensler, dedicates nearly a third of its 35,000 square feet to operational hardware and runs on 87 percent carbon-free energy.

art dealers association cancels 2025 edition of new york fair 2668781

The Art Dealers Association of America (ADAA) has canceled the 2025 edition of its annual New York art fair, The Art Show, which was scheduled to open at the Park Avenue Armory on October 28. The decision was communicated to members via email and confirmed by ADAA president Susan Sheehan, with the board citing a strategic pause to reimagine the fair for long-term sustainability. The fair has been a staple of the New York social calendar, with its VIP opening night serving as a fundraiser for the Henry Street Settlement, raising over $38 million for the nonprofit over three decades.

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A coalition of Los Angeles’s leading art institutions, including the Getty, LACMA, MOCA, and the Hammer Museum, has officially pledged to adopt the Bizot Green Protocol. This collective commitment, which also includes the gallery Hauser & Wirth, establishes climate-minded guidelines for museum operations such as widening temperature and humidity parameters for galleries and reducing air travel for loans. The move was largely catalyzed by the devastating impact of recent wildfires on the region's cultural infrastructure.

Art market 2026 predictions: underwhelming rebound and another Frieze fair

The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."